CMR Fee definition

CMR Fee. Means the CMR’s Overhead and Profit and Risk costs for its performance of the Work as described in Articles 5 and 6 of the CMR Agreement and this Exhibit B.
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CMR Fee means, subject to the provisions of UGC Section 11.8, the total amount to be paid to CMR for its performance of the Work including profit, main office and other overhead and costs not allocated to the Cost of the Work or defined as General Conditions Costs. The Construction Services Fee is derived by multiplying the sum of (i) the Cost of Work plus (ii) any portion of the used TFC Controlled Contingency, by an agreed upon percentage set forth in Section 7.1.1. No Construction Services Fee will be applied to or paid on General Conditions Costs.
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Examples of CMR Fee in a sentence

  • CMR may include the CMR Fee on all CMR Change Order work negotiated during the Construction Phase.

  • The Insurance and Taxes Fee includes all items not included in the Cost of Construction Work, the CMR Contingency, the General Conditions Fee, or the CMR Fee necessary to complete the Work.

  • There shall be no adjustment made to the CMR Fee on the Project unless the Owner makes additions to the scope provided for in the Contract Documents that either individually or in the aggregate cause the GMP to increase by more than ten percent (10%).

  • There shall be no adjustment to the CMR Fee when using the CMR Contingency.

  • The CMR Fee shall supplant the references to overhead and profit imposed by UGC Section 11.8.

  • The Board shall receive a credit for all payments made under the Contract Documents, as against the CMR Fee and the cost of Basic Services and the Work.

  • The CMR Fee shall be computed upon the Cost of the Work described in Sections 5 and 6 of this Agreement at the rate stated in Section 5.1.1.

  • The schedule of values shall allocate the entire GMP among the various portions of the Work, except that the CMR Fee and CMR Contingency, and the Lump Sum CMR Construction Phase Services Cost shall be shown as Three (3) separate items.

  • The CMR Fee shall supplant the references to overhead and profit imposed by UGC Section 11.8.1. Except as otherwise provided in the Special Conditions, if any, the Subcontractor overhead and profit mark-up limitations imposed by UGC Section 11.8.1 are unaffected by this paragraph and are not changed.

  • In the event any fees, and/or other direct and/or consequential damages are charged to or incurred by TFC by reason of CMR’s failure to timely correct and/or complete the items that are the subject of any of the three inspection processes set forth in UGC Section 12.1.5.3, CMR shall be liable to TFC for such fees and/or damages to the extent that such fees do not exceed the CMR Fee.

Related to CMR Fee

  • Developer Fee means the fee earned by the Developer.

  • User Fee means all charges, costs, fees, tariff and other amounts by whatever name called, collected by the Developer from the users, pursuant to this Agreement, for usage of the Project.

  • Arranger Fee means a fee charged by the Arranger in relation to each Series of ETP Securities, as modified by the Arranger from time to time, as set out in the Base Prospectus of the Issuer.

  • Set-Up Fee means a fee paid by a consumer to an Agency for the establishment of the DMP.

  • Program Fee As defined in the Fee Letter.